Sector Trend Analysis – Trade Overview – Philippines

Note: This report includes forecasting data that is based on baseline historical data.

Executive summary

Global agri-food and seafood imports reached Can$2.9 trillion in 2024, which grew at a compound annual growth rate (CAGR) of 7.3% since 2020. Philippines ranked as the 24th largest importer, accounting for an import of Can$28.8 billion at a 1.0% market share and a CAGR of 13.1% in 2024. Canada was the 111h largest importer (Can$75.5 billion 2024) over the year, growing at a CAGR of 8.9% (2020 to 2024).

Top suppliers to Philippines were the United States by a market share of 17.4%, followed by Vietnam (12.5%), China (9.8%), Indonesia (8.6%), and Brazil (6.3%) - with Canada ranking as the 15th largest supplier (1.8%) in 2024.

In 2024, Philippines's leading import agri-food & seafood commodities from the world included semi-milled or wholly milled rice valued at Can$3.1 billion at a market share of (10.8%) in 2024, followed by wheat and meslin at Can$2.8 billion (9.7%), oilcake and other solid residues at Can$2.2 billion (7.6%), food preparations, not elsewhere specified at Can$1.5 billion (5.3%), and palm oil and its fractions at Can$1.4 billion (4.9%).

In 2024, Philippines's reported total agri-food and seafood imports from Canada totaled Can$527.3 million, which increases at a CAGR of 13.9% from 2020 to 2024. The largest commodities supplied by Canada were wheat and meslin valued at Can$181.6 million at a Canadian market share of 34.4%, followed by frozen meat of swine at Can$119.5 million (22.7% market share), edible offal of swine, frozen at Can$37.8 million (7.2% market share), dried, shelled peas at Can$25.4 million (4.8% market share), and frozen cuts and edible offal of fowls at Can$22.7 million (4.3% market share) in 2024.

In 2024, Canada's reported agri-food and seafood exports to Philippines totaled Can$592.6 million, reflecting a CAGR of 14.4% since 2020. Quebec supplied the most at a market share of 38.7%, followed by leading provinces such as Alberta (15.8%), Ontario (14.8%), Saskatchewan (14.4%), Manitoba (10.1%), British Colombia (5.2%), and New Brunswick (0.5%).

Global trade overview of agri-food and seafood

Global agri-food and seafood imports reached Can$2.9 trillion in 2024, which grew at a CAGR of 7.3% since 2020. Philippines ranked as the 24th largest importer, accounting for an import of Can$28.8 billion at a 1.0% market share and a CAGR of 13.1% in 2024. Canada was the 111th largest importer (Can$75.5 billion 2024) over the year, growing at a CAGR of 8.9% (2020 to 2024).

Top 20 global agri-food and seafood import markets in 2024 (Can$ billion)
Market 2020 2021 2022 2023 2024 CAGR* % 2020-2024 Market share % in 2024
Total - world 2,220.3 2,443.9 2,829.9 2,900.8 2,939.2 7.3 100.0
1. United States 231.2 257.3 308.8 306.8 336.3 9.8 11.4
2. China 228.9 274.8 305.9 315.0 294.9 6.5 10.0
3. Germany 147.8 153.2 169.1 183.5 196.3 7.4 6.7
4. Netherlands 102.9 109.5 123.9 129.1 138.6 7.7 4.7
5. United Kingdom 90.5 85.6 102.8 112.8 122.4 7.8 4.2
6. France 86.9 93.2 103.2 112.9 117.7 7.9 4.0
7. Philippines 95.7 97.1 110.1 105.1 103.0 1.9 3.5
8. Italy 66.9 72.6 85.3 95.1 102.2 11.2 3.5
9. Spain 54.8 61.7 74.8 81.6 83.8 11.2 2.9
10. Belgium 55.6 59.9 65.9 70.6 76.6 8.3 2.6
11. Canada 53.7 57.1 67.3 68.9 75.5 8.9 2.6
12. Mexico 36.1 45.6 57.2 59.4 63.5 15.2 2.2
13. Korea (Republic of) 44.9 50.2 60.9 57.9 57.1 6.2 1.9
14. Poland 35.2 37.3 44.9 49.4 53.8 11.2 1.8
15. India 29.0 38.2 48.5 45.6 52.9 16.2 1.8
16. Viet-Nam 30.1 35.1 50.8 47.7 48.4 12.6 1.6
17. Indonesia 26.3 31.1 37.4 38.0 40.9 11.7 1.4
18. Malaysia 23.1 26.4 31.3 29.9 34.7 10.7 1.2
19. Saudi Arabia 28.1 27.5 36.9 36.9 32.7 9.5 1.1
20. Hong Kong 33.8 34.1 31.0 32.5 32.6 −0.9 1.1
Subtotal - top 20 importers 1,501.5 1,647.5 1,916.0 1,978.7 2,063.9 5.8 70.2
Philippines 24 17.6 21.4 27.5 26.2 28.8 13.1 1.0

Source: Global Trade Tracker, 2025

*CAGR: Compound Annual Growth Rate

Philippines's agri-food and seafood import markets

Philippines's agri-food and seafood imports from the world increased to Can$28.8 billion from 2024, growing at a CAGR of 13.2% since 2020. Top suppliers to Philippines were the United States by a market share of 17.4%, followed by Vietnam (12.5%), China (9.8%), indonesia (8.6%), and Brazil (6.3%) - with Canada ranking as the 15th largest supplier (1.8%) in 2024.

Top 5 suppliers of agri-food and seafood to Philippines in 2024 (Can$ million)
Description of this image follows.
Description of above image
Country 2,020 2,021 2,022 2,023 2,024
United States 3,986.6 4,446.5 5,553.4 5,120.8 5,009.4
Viet-Nam 1,593.1 1,868.5 2,150.6 2,718.3 3,594.4
China 1,906.2 2,194.7 2,357.1 2,538.3 2,816.7
Indonesia 1,564.5 2,185.0 2,485.3 2,380.1 2,481.4
Brazil 369.2 593.6 1,189.2 1,119.7 1,800.3

Source: Global Trade Tracker, 2025

Top 20 global suppliers of agri-food and seafood products to Philippines in 2024 (Can$ million)
 Market 2020 2021 2022 2023 2024 CAGR* % 2020-2024 Market share % in 2024
Total - world imports 17,551.0 21,436.9 27,537.6 26,246.6 28,802.2 13.2 100.0
1. United States 3,986.6 4,446.5 5,553.4 5,120.8 5,009.4 5.9 17.4
2. Viet-Nam 1,593.1 1,868.5 2,150.6 2,718.3 3,594.4 22.6 12.5
3. China 1,906.2 2,194.7 2,357.1 2,538.3 2,816.7 10.3 9.8
4. Indonesia 1,564.5 2,185.0 2,485.3 2,380.1 2,481.4 12.2 8.6
5. Brazil 369.2 593.6 1,189.2 1,119.7 1,800.3 48.6 6.3
6. Thailand 854.0 936.7 1,359.0 1,793.0 1,739.8 19.5 6.0
7. Australia 703.3 1,506.4 2,507.7 2,110.3 1,720.0 25.1 6.0
8. Malaysia 1,090.4 1,278.3 1,905.9 1,343.3 1,715.6 12.0 6.0
9. Singapore 640.3 695.8 716.6 739.2 973.9 11.1 3.4
10. New Zealand 523.8 526.4 695.7 557.8 659.0 5.9 2.3
11. Spain 219.8 462.7 658.6 570.4 603.1 28.7 2.1
12. India 315.1 575.1 756.0 608.5 582.4 16.6 2.0
13. Argentina 310.4 457.3 862.0 560.0 544.2 15.1 1.9
14. Canada 313.5 431.9 624.5 652.4 527.4 13.9 1.8
15. Myanmar 146.1 221.3 309.2 159.6 393.8 28.1 1.4
16. Netherlands 407.2 310.6 350.4 290.6 340.4 −4.4 1.2
17. Pakistan 78.8 98.4 148.4 142.8 339.0 44.0 1.2
18. France 168.4 264.2 308.2 317.1 292.7 14.8 1.0
19. Italy 124.2 188.4 176.8 180.8 243.9 18.4 0.8
20. South Korea 156.2 163.6 178.6 189.9 224.8 9.5 0.8
Subtotal - top 20 suppliers 15,471.1 19,405.4 25,293.2 24,092.9 26,602.2 14.5 92.4

Source: Global Trade Tracker, 2025

*CAGR: Compound Annual Growth Rate

In 2024, Philippines's leading import agri-food and seafood commodities from the world included semi-milled or wholly milled rice valued at Can$3.1 billion at a market share of (10.8%) in 2024, followed by wheat and meslin at Can$2.8 billion (9.7%), oilcake and other solid residues at Can$2.2 billion (7.6%), food preparations, not elsewhere specified at Can$1.5 billion (5.3%), and palm oil and its fractions at Can$1.4 billion (4.9%).

Of Philippines's top 10 imported agri-food and seafood products, palm oil and its fractions grew the most by a CAGR of 109.6% followed by frozen meat of swine by a CAGR of 48.9% and maize by a CAGR of 29.6% (2020 to 2024). Of the remaining top 20 imported products, coffee and edible offal of swine, frozen, despite their smaller market share representations, expanded 29.4% and 26.5% respectively, during the same period. Conversely, fresh apples declined −2.9% from Can$335.9 million in 2020 to Can$298.6 million in 2024.

Philippine's top 5 Agri-food and seafood imports from the world in 2024 (Can$ million)
Description of this image follows.
Description of above image
Imported product 2020 2021 2022 2023 2024
Semi-milled or wholly milled rice, whether or not polished or glazed 963.6 1,354.8 1,531.3 2,020.3 3,100.3
Wheat and meslin 2,105.3 2,445.3 3,356.3 2,693.8 2,784.0
Oilcake and other solid residues 1,287.9 1,723.5 2,487.0 2,243.5 2,175.3
Food preparations, not elsewhere specified 1,009.3 1,107.7 1,272.2 1,323.1 1,534.4
Palm oil and its fractions 72.9 753.0 1,721.1 1,176.5 1,406.6

Source: Global Trade Tracker, 2025

Top 20 agri-food and seafood imports to Philippines in 2024, by HS code (Can$ million)
HS code Description 2020 2021 2022 2023 2024 CAGR* % 2020-2024 Market share % in 2024
Total - agri-food and seafood 17,550.2 21,435.9 27,537.5 26,245.0 28,800.6 13.2 100.0
100630 semi-milled or wholly milled rice, whether or not polished or glazed 963.6 1,354.8 1,531.3 2,020.3 3,100.3 33.9 10.8
100199 wheat and meslin 2,105.3 2,445.3 3,356.3 2,693.8 2,784.0 7.2 9.7
230400 oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil 1,287.9 1,723.5 2,487.0 2,243.5 2,175.3 14.0 7.6
210690 food preparations, not elsewhere specified 1,009.3 1,107.7 1,272.2 1,323.1 1,534.4 11.0 5.3
151190 palm oil and its fractions, whether or not refined 72.9 753.0 1,721.1 1,176.5 1,406.6 109.6 4.9
020230 frozen, boneless meat of bovine animals 456.8 627.6 804.0 591.4 817.1 15.7 2.8
100590 maize (excluding seed for sowing) 256.2 211.1 453.4 389.1 723.0 29.6 2.5
020329 frozen meat of swine (excluding carcases and half-carcases, and hams, shoulders and cuts thereof, with bone in) 138.0 404.3 645.4 591.4 678.7 48.9 2.4
040210 milk and cream in solid forms, of a fat content by weight of <= 1,5 602.6 590.3 928.3 646.8 659.5 2.3 2.3
020714

frozen cuts and edible offal of fowls of the species gallus domesticus

397.3 556.9 686.7 615.3 633.8 12.4 2.2
210112 preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee 465.2 566.1 590.3 553.4 511.1 2.4 1.8
230990 preparations of a kind used in animal feeding (excluding dog or cat food put up for retail sale) 290.3 338.5 421.3 342.5 395.5 8.0 1.4
020649 edible offal of swine, frozen (excluding livers) 152.9 345.1 379.6 375.1 391.5 26.5 1.4
220720 denatured ethyl alcohol and other spirits of any strength 146.8 204.8 297.5 362.7 353.1 24.5 1.2
200410 potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen 151.9 176.0 275.4 347.4 341.4 22.4 1.2
220299 non-alcoholic beverages (excluding water, fruit or vegetable juices, milk and beer) 0.0 170.2 246.3 277.7 335.8 25.4 1.2
230910 dog or cat food, put up for retail sale 152.8 222.1 302.5 279.0 310.8 19.4 1.1
080810 fresh apples 335.9 350.7 242.7 237.9 298.6 −2.9 1.0
170310 cane molasses resulting from the extraction or refining of sugar 134.9 104.2 183.3 228.3 288.8 21.0 1.0
090111 coffee (excluding roasted and decaffeinated) 98.6 83.5 145.0 170.4 276.1 29.4 1.0
Subtotal - top 20 imports 9,219.2 12,335.7 16,969.6 15,465.6 18,015.4 18.2 62.6

Source: Global Trade Tracker, 2025

*CAGR: Compound Annual Growth Rate

In 2024, Philippines's imports of agri-food and seafood were supplied primarily by the United States (17.3% market share), Vietnam (12.5% market share) and China (9.8% market share). Canada in comparison, supplied a 1.8% market share in 2024. Of Philippines's top imports, semi-milled or wholly milled rice (HS code 100630), Vietnam and Thailand were the primary suppliers providing a combined market share of 89.6%, followed by wheat and meslin (HS code 100199), provided predominantly by the United States (43% market share), Australia (35.4% market share) and Brazil (13.3% market share), while Canada supplied a 6.5% market share, and oilcake and other solid residues (HS code 230400) was supplied predominantly by the United States (83.7% market share) in 2024.

Canada has attained measured share representation in half of top 20 Philippines's agri-food and seafood imports in 2024, highlighting potential supply opportunities for Canadian, despite strong competition from international markets.

Philippines's top-20 agri-food and seafood imports and supplying countries in 2024 (Can$ million)
HS code Description Import value 2024 Top suppliers and market share % Canada's share %
1 2 3
Total - agri-food and seafood 28,800.6 United States: 17.3 Vietnam: 12.5 China: 9.8 1.8
100630 semi-milled or wholly milled rice, whether or not polished or glazed 3,100.3 Vietnam: 75.5 Thailand: 14.1 Parkistan: 5.7 0
100199 wheat and meslin 2,784.0 United States: 43 Australia: 35.4 Brazil: 13.3 6.5
230400 oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil 2,175.3 United States: 83.7 Argentina: 13.8 Brazil: 1.6 0
210690 food preparations, not elsewhere specified 1,534.4 Thailand: 63.98 China: 34.3 Vietnam: 1.4 0
151190 palm oil and its fractions, whether or not refined 1,406.6 Malaysia: 60.9 Indonesia: 38.4 Thailand: 0.5 0
020230 frozen, boneless meat of bovine animals 817.1 Brazil: 41.6 India: 21.7 Australia: 11.8 0.95
100590 maize (excluding seed for sowing) 723.0 Maynmar: 29.3 Argentina: 23.9 Brazil: 15.2 0
020329 frozen meat of swine (excluding carcases and half-carcases, and hams, shoulders and cuts thereof, with bone in) 678.7 Brazil: 53.3 Canada: 17.6 Spain: 6.5 17.6
040210 milk and cream in solid forms, of a fat content by weight of <= 1,5 659.5 United States: 49.6 New Zealand: 20.6 Belgium: 7.2 1.1
020714 frozen cuts and edible offal of fowls of the species gallus domesticus 633.8 Brazil: 48.2 United States: 38.5 Poland: 4.7 3.5
210112 preparations with a basis of extracts, essences or concentrates of coffee or with a basis of coffee 511.1 Indonesia: 90.8 Thailand: 4.6 Malaysia: 3.0 0
230990 preparations of a kind used in animal feeding (excluding dog or cat food put up for retail sale) 395.5 United States: 19.8 China: 17.3 Singapore: 10.2 0.6
020649 edible offal of swine, frozen (excluding livers) 391.5 Spain: 34.96 United States: 15.7 Canada: 9.6 9.6
220720 denatured ethyl alcohol and other spirits of any strength 353.1 United Stastes: 69.97 Brazil: 21.2 South Korea: 2.2 0
200410 potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen 341.4 United States: 33.1 India: 22.8 China: 21.5 0.5
220299 non-alcoholic beverages (excluding water, fruit or vegetable juices, milk and beer) 335.8 Thailand: 56.3 Indonesia: 13.1 Vietnam: 10.3 0.03
230910 dog or cat food, put up for retail sale 310.8 Thailand: 49.1 China: 17.8 Italy: 10.1 1.5
080810 fresh apples 298.6 China: 96.5 United States: 2.2 New Zealand: 1.2 0
170310 cane molasses resulting from the extraction or refining of sugar 288.8 Indonesia: 47.99 Thailand: 14.4 Vietnam: 9.1 0
090111 coffee (excluding roasted and decaffeinated) 276.1 Indonesia: 21.7 Brazil: 1.2 China: 0.9 0
Source: Global Trade Tracker, 2025

Canada's performance

In 2024, Philippines's reported total agri-food and seafood imports from Canada totaled Can$527.3 million, which increases at a CAGR of 13.9% from 2020 to 2024. The largest commodities supplied by Canada were wheat and meslin valued at Can$181.6 million at a Canadian market share of 34.4%, followed by frozen meat of swine at Can$119.5 million (22.7% market share), edible offal of swine, frozen at Can$37.8 million (7.2% market share), dried, shelled peas at Can$25.4 million (4.8% market share), and frozen cuts and edible offal of fowls at Can$22.7 million (4.3% market share) in 2024. The top 10 agri-food and seafood products supplied to Philippines, accounting for a market share of 89.6%.

Philippines's top 10agri-food and seafood imports from Canada in 2024 (Can$ million)
HS code Description 2020 2021 2022 2023 2024 CAGR* % 2020-2024 Market share % in 2024
Total - agri-food and seafood 313.2 431.2 624.0 652.0 527.3 13.9 100.0
100199 wheat and meslin (excluding seed for sowing, and durum wheat) 86.9 41.6 182.2 248.6 181.6 20.2 34.4
020329 frozen meat of swine (excluding carcases and half-carcases, and hams, shoulders and cuts thereof, with bone in) 45.7 88.6 150.4 150.8 119.5 27.2 22.7
020649 edible offal of swine, frozen (excluding livers) 14.7 43.6 36.1 39.9 37.8 26.6 7.2
071310 dried, shelled peas "pisum sativum", whether or not skinned or split 22.8 20.2 27.7 20.2 25.4 2.7 4.8
020714 frozen cuts and edible offal of fowls of the species gallus domesticus 23.6 38.0 16.6 22.4 22.7 −1.0 4.3
210690 food preparations, not elsewhere specified 23.9 26.1 33.5 27.2 22.0 −2.1 4.2
230110 flours, meals and pellets, of meat or offal, unfit for human consumption; greaves 16.3 17.7 28.4 30.3 20.5 5.9 3.9
020322 frozen hams, shoulders and cuts thereof of swine, with bone in 9.5 68.4 61.8 32.1 19.5 19.7 3.7
120190 soya beans, whether or not broken (excluding seed for sowing) 6.4 7.4 11.4 9.9 15.8 25.4 3.0
020230 frozen, boneless meat of bovine animals 1.5 6.0 10.9 3.4 7.8 51.0 1.5
Subtotal - top 10 imports 251.3 357.6 559.0 584.8 472.6 17.1 89.6

Source: Global Trade Tracker, 2025

*CAGR: Compound Annual Growth Rate

In 2024, Canada's reported agri-food and seafood exports to Philippines totaled Can$592.6 million, reflecting a CAGR of 14.4% since 2020. Quebec supplied the most at a market share of 38.7%, followed by leading provinces such as Alberta (15.8%), Ontario (14.8%), Saskatchewan (14.4%), Manitoba (10.1%), British Colombia (5.2%), and New Brunswick (0.5%). Between the review period (2020 to 2024), the provinces showing the highest growth in exports to Philippines were New Brunswick (CAGR: 85.1%), Prince Edward Island (82.2%), and Quebec (30.3%), while declines occurred at Nova Scotia (−18.1%) from 2020 to 2024.

Provincial breakdown of Canada's agri-food and seafood exports to Philippines (Can$ thousand)
 Province 2020 2021 2022 2023 2024 CAGR* % 2020-2024 Market share % in 2024
Total - exports from Canada 345,833.1 572,682.0 668,826.5 676,551.0 592,604.4 14.4 100.0
Quebec 79,653.1 238,084.0 244,627.9 219,499.4 229,421.5 30.3 38.7
Alberta 68,084.9 91,138.3 127,718.1 130,339.2 93,568.1 8.3 15.8
Ontario 53,270.7 89,799.7 104,243.8 91,006.1 87,977.9 13.4 14.8
Saskatchewan 68,057.4 49,002.4 80,058.3 108,927.4 85,152.3 5.8 14.4
Manitoba 52,199.0 69,592.5 74,518.0 91,496.5 59,656.6 3.4 10.1
British Columbia 22,652.0 32,970.2 30,634.6 29,205.8 30,932.2 8.1 5.2
New Brunswick 260.7 308.7 365.1 1,472.5 3,056.8 85.1 0.5
Prince Edward Island 190.6 344.1 1,972.3 3,544.9 2,098.4 82.2 0.4
Nova Scotia 1410.2 1442.1 4688.4 1041.2 633.6 −18.1 0.1
Newfoundland and Labrador 54.5 0.0 0.0 18.0 107.0 18.4 0.02

Source: Global Trade Tracker, 2025

*CAGR: Compound Annual Growth Rate

For more information

The Canadian Trade Commissioner Service:

International Trade Commissioners can provide Canadian industry with on-the-ground expertise regarding market potential, current conditions and local business contacts, and are an excellent point of contact for export advice.

Find a Trade Commissioner

More agri-food market intelligence:

Agri-food market intelligence service
Canadian agri-food and seafood businesses can take advantage of a customized service of reports and analysis, and join our email subscription service to have the latest reports delivered directly to their inbox.

More on Canada's agriculture and agri-food sectors:

Canada's agriculture sectors
Information on the agriculture industry by sector. Data on international markets. Initiatives to support awareness of the industry in Canada. How the department engages with the industry.

Resources

  • Global Trade Tracker, 2025

Sector Trend Analysis – Trade Overview – Philippines
Global Analysis Report

Prepared by: Hongli Wang, Senior Market Analyst

© His Majesty the King in Right of Canada, represented by the Minister of Agriculture and Agri-Food (2026).

Photo credits
All photographs reproduced in this publication are used by permission of the rights holders.
All images, unless otherwise noted, are copyright His Majesty the King in Right of Canada.

To join our distribution list or to suggest additional report topics or markets, please contact:

Agriculture and Agri-Food Canada, Global Analysis
1341 Baseline Rd, Tower 5, 3rd floor
Ottawa ON  K1A 0C5
Canada
Email: aafc.mas-sam.aac@agr.gc.ca

The Government of Canada has prepared this report based on primary and secondary sources of information. Although every effort has been made to ensure that the information is accurate, Agriculture and Agri-Food Canada (AAFC) assumes no liability for any actions taken based on the information contained herein.

Reproduction or redistribution of this document, in whole or in part, must include acknowledgement of agriculture and agri-food Canada as the owner of the copyright in the document, through a reference citing AAFC, the title of the document and the year. Where the reproduction or redistribution includes data from this document, it must also include an acknowledgement of the specific data source(s), as noted in this document.

Agriculture and Agri-Food Canada provides this document and other report services to agriculture and food industry clients free of charge.